ECC extends electricity, gas subsidy for export-oriented sectors

ISLAMABAD:The Economic Coordination Committee (ECC) of the Cabinet here on Monday approved continuation of electricity and gas subsidy for export-oriented sectors to support the momentum of growth in exports during the Fiscal Year 2021-22. The summary regarding continuation of concessional rates of electricity and RLNG to export-oriented sectors was presented by Ministry of Commerce while […]

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AJK PM calls upon PM, discussed KPL, administrative reforms

ISLAMABAD:Prime Minister Azad and Jammu Kashmir (AJK) Abdul Qayyum Niazi Monday called upon Prime Minister Imran Khan to discuss Kashmir Premier League (KPL) and the positive impacts of KPL upon promotion of sports. During the meeting, they also discussed the steps taken with regard to reforms agenda in the administrative matters and for ensuring transparency […]

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Khusro declares structural reforms imperative to make steel sector competitive

ISLAMABAD:Federal Minister for Industries and Production, Makhdum Khusro Bakhtyar on Monday said that structural reforms were imperative to make Pakistan’s steel sector globally competitive. The minister indicated that the government was working on a comprehensive long-term roadmap for the local steel industry which could help meet the growing domestic demand. A delegation of the Pakistan […]

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Counter conducting rapid PCR tests becomes functional at Islamabad airport

ISLAMABAD:The counter for conducting rapid polymerase chain reaction (PCR) tests for Covid-19 has become functional at Islamabad international airport. The passengers, carrying passport and tickets of UAE bound flights could avail PCR test at airport within one and a half hours, said a press release on Monday. The Islamabad International Airport, with the cooperation of […]

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Senate body urges govt to convene Parliament’s joint session on Afghan situation

ISLAMABAD:The Senate Defence Committee on Monday urged the government to take the parliament into confidence on latest Afghanistan situation and immediately convene a joint session of the house following latest development in the region. The committee also took note of the evolving situation in the neighbouring brotherly Afghanistan and expressed complete solidarity and support to […]

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Pakistan committed to sovereignty of Saudi Arabia: PM

ISLAMABAD:Prime Minister Imran Khan on Monday expressed Pakistan’s commitment and support for the sovereignty and territorial integrity of Saudi Arabia. Talking to Chief of General Staff of the Saudi Armed Forces General Fayyadh bin Hameed Al-Rowailly, the prime minister underlined the importance Pakistan attached to Saudi Arabia in broadening mutual cooperation and strengthening the people-to-people […]

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SECP advises companies to file UBO Declarations

ISLAMABAD:The Securities and Exchange Commission of Pakistan (SECP) once again advised companies to submit Declarations of their Ultimate Beneficial Owners (UBOs), through filing of Form 45, as required under Section 123A of the Companies Act, 2017. The procedure for companies to obtain, maintain and update information about their ultimate beneficial owners is specified in the […]

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